Wednesday, October 23, 2024
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Philippines Exceeds Gross National Income Per Capita Target In 2023

Exceeding the 2023 GNI per capita target is a significant achievement for the Philippines. NEDA's Arsenio Balisacan projects upper middle-income status within the next two years.

DTI Wants AI Research Center To Be Revenue-Generating

DTI's new Center of AI Research (CAIR) is designed to turn innovative AI research into substantial revenue, according to Secretary Alfredo Pascual.

Philippines To Gain Over PHP2 Trillion Annually From AI-Powered Solutions

AI solutions hold the promise of adding PHP2 trillion annually to the Philippine economy, but internet infrastructure must be improved, says NEDA's Balisacan.

DTI Vows To Continue Aid For MSME Resiliency Amid Wage Hike

DTI Secretary Alfredo Pascual emphasizes support for businesses facing adjustments due to increased minimum wages in Metro Manila.

Local Pharma Makers Eye Higher Share In Government Procurement

The goal set by the Philippine Pharmaceutical Manufacturers Association is to raise the local manufacturers' share in government procurement to 50 percent by 2030, from the current under 5 percent.

DBM Oks PHP110 Million Funding For Malikhaing Pinoy Program

The DBM approves PHP110 million for the Malikhaing Pinoy Program, strengthening the Philippine creative sector.

Economic Czar Urges NGAs To Ease Processes For Pharma Investors

Secretary Frederick Go pushes for stronger support from NGAs to enhance the country's pharmaceutical manufacturing capabilities.

Philippine Factories Record Positive Score In June

Philippine manufacturing sees a positive turn in June, according to the latest S&P Global PMI data.

Secretary Recto Urges Japanese Firms To Invest In Philippines

Finance Secretary Recto invites Japanese investors to a future of fiscal stability in the Philippines.

BIR Allows Use Of Remaining Official Receipts Until Fully Consumed

The BIR is extending the use of official receipts until they are fully used up, according to Commissioner Romeo Lumagui Jr.'s directive.

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